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AGCO Corp (AGCO): Today's Featured Industrial Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

AGCO (
AGCO) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 0.4%. By the end of trading, AGCO rose $0.61 (1.1%) to $55.84 on average volume. Throughout the day, 691,467 shares of AGCO exchanged hands as compared to its average daily volume of 908,700 shares. The stock ranged in a price between $55.46-$56.19 after having opened the day at $55.56 as compared to the previous trading day's close of $55.23. Other companies within the Industrial industry that increased today were:
GreenHunter Resources (
GRH), up 22.3%,
IntriCon Corporation (
IIN), up 10.8%,
JinkoSolar (
JKS), up 10.6% and
Zoltek Companies (
ZOLT), up 8.7%.

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. AGCO has a market cap of $5.3 billion and is part of the industrial goods sector. Shares are up 12.4% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate AGCO a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates
AGCO as a
buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.